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Return

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  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹5000

AUM (Fund size)

₹2,034 Cr

Lock In Period

N/A

Expense Ratio

1.47

Benchmark

CRISIL Medium to Long Duration Debt A-III Index

Exit Load

For exit within 1 year from the date of allotment For 10% of investment - NilFor remaining investment: 1.00%For exit after one year from the date of allotment - Nil.

Summary

Latest details for SBI Magnum Income Fund Growth include a ₹72.2892 NAV as of Apr 17,2026 and returns since inception of 20.95%. Minimum investments start at SIP ₹500. The SBI Magnum Income Fund Growth AUM is ₹2,034 Cr, with a lock-in of N/A years, expense ratio of 1.47%, and benchmark CRISIL Medium to Long Duration Debt A-III Index. Exit load is - For exit within 1 year from the date of allotment For 10% of investment - NilFor remaining investment: 1.00%For exit after one year from the date of allotment - Nil.. In the growth review for 1M Month/Year, the fund recorded 0.40% returns, against a category average of 1.30% and a category best of 296.85%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.401.30296.85
6M1.051.57314.88
1Y2.966.24338.55
3Y6.5516.7624.89

Portfolio Analysis

  • Equity:
  • Debt: 94.58%
  • Others
As on: 2026-03-31
View allocation % by

1. 6.48% CGL 203514.20%
2. 7.24% CGL 20559.26%
3. 6.75% CGL 20335.11%
4. Godrej Seeds & Genetics Ltd.4.84%
5. 6.68% CGL 20404.59%
6. JSW Kalinga Steel Ltd.3.70%
7. Renew Solar Energy (Jharkhand Five) Pvt. Ltd.3.39%
8. TREPS3.21%
9. JTPM Metal Traders Ltd.3.06%
10. Tata Power Renewable Energy Ltd. (Guaranteed by Tata Power Ltd.)2.40%
11. Net Receivable / Payable1.67%

1. 6.90% State Government of Bihar 20354.64%
2. Motilal Oswal Finvest Ltd.2.97%
3. Avanse Financial Services Ltd.2.70%
4. HDB Financial Services Ltd.2.46%
5. JM Financial Credit Solutions Ltd.2.46%

1. Torrent Power Ltd.3.78%
2. Adani Power Ltd.3.42%

1. Bharti Telecom Ltd.4.88%

1. Indostar Capital Finance Ltd.3.42%

1. H.G. Infra Engineering Ltd.2.91%

1. Union Bank of India2.42%

1. National Highways Infra Trust1.86%

1. Aadhar Housing Finance Ltd.1.23%

About Fund

SBI Magnum Income Fund Growth managed by SBI Mutual Fund,is a Med to Long Termscheme with Assets Under Management of ₹2,034 Crore. The fund benchmarks its performance against the CRISIL Medium to Long Duration Debt A-III Index while maintaining an expense ratio of 1.47. Under the expert guidance of Mohit Jain ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Mohit Jain

Mr. Mohit Jain holds B. E (Engineering), CFA Level III (Candidate). Mohit Jain has joined SBI Funds Management Private Limited (SBIFMPL) in May 2015 as a Credit Analyst and has over 7 years of experience in the area of financial services. Prior to joining SBIFMPL, Mr. Jain was working with Crisil Limited as Research Analyst (Jan 2015 -April 2015).

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundHDFC Income Fund - Growth3819.63 CR1.44
This FundJM Medium to Long Duration Fund - Growth Growth029.69 CR1.08
This FundSBI Magnum Income Fund Growth52034.05 CR1.47
This FundICICI Prudential Bond Fund Growth42698.39 CR1.05
This FundICICI Prudential Bond Fund - Institutional Plan Growth04084.99 CR1.09
Fund Name1Y3Y
This FundHDFC Income Fund - Growth1.927320.2029
This FundJM Medium to Long Duration Fund - Growth Growth2.808820.5028
This FundSBI Magnum Income Fund Growth2.956420.9493
This FundICICI Prudential Bond Fund Growth3.157222.6996
This FundICICI Prudential Bond Fund - Institutional Plan Growth11.5524.4274

FAQs

SBI Magnum Income Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of SBI Magnum Income Fund Growth is 1.47. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

SBI Magnum Income Fund Growth’s fund performance is as follows:
  • 1 Month : 0.40%
  • 6 Months : 1.05%
  • 1 Year : 2.96%
  • 3 Years : 6.55%
Returns of SBI Magnum Income Fund Growth are updated daily based on NAV of ₹ 72.2892 as on Apr 17,2026. Since inception, the return has been 20.95%.

You can invest in SBI Magnum Income Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of SBI Magnum Income Fund Growth is ₹2,034 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in SBI Magnum Income Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500